Walmart is the largest U.S. retailer and the world’s largest private employer, with 2.3 million employees in the United States as of 2018.
Walmart is a direct subsidiary of the Walton family, which also owns the Walmart Canada chain. As of 2018, Walmart is the largest retailer in the world by revenue, with annual sales of over $470 billion.
In early 2019, Walmart announced that it would be acquiring online retailer Chewy for $3.3 billion. The acquisition was controversial, as Walmart is already the largest online retailer in the United States.
The Chewy brand is currently owned by Amazon.com, but the Walmart acquisition would make Walmart the largest retailer in the world by revenue.
The acquisition was controversial, as Walmart is already the largest online retailer in the United States. The Chewy brand is currently owned by Amazon. Walmart has stated that the acquisition will help it compete with Amazon.
com, and that it will improve the Walmart.com experience. However, some critics argue that the acquisition will increase Walmart’s domination over the retail market, and that it will hurt small businesses.
The conclusion is that, while the Walmart acquisition of Chewy is controversial, it is likely to increase Walmart’s domination over the retail market.
